TMC, SMBC, and SPARX Group Co., Ltd. Agree to Work toward
Establishing New Fund for Pioneering Technologies

Toyota Motor Corporation (TMC), Sumitomo Mitsui Banking Corporation (SMBC), and SPARX Group Co., Ltd. (SPARX Group) have signed a memorandum of understanding to consider the establishment of a new investment fund aiming to encourage innovation and support the spread of advanced technologies for future generations.